ZHENGZHOU

Gaotu Techedu Announces First Quarter of 2022 Unaudited Financial Results

Retrieved on: 
Monday, June 6, 2022
Advertising, Company, CFO, Research, Marketing, Vocational education, Great Architect of the Universe, Business, STEAM, Income, CEO, Policy, Environment, Government, Awareness, Investment, Sale, Growth, Student, GAAP, ADS, Sustainable development, Education, Bank, Tutoring, Public utility, Healthcare, Lithium, Renewable energy

See "About Non-GAAP Financial Measures" and "Reconciliations of non-GAAP measures to the most comparable GAAP measures" elsewhere in this press release.

Key Points: 
  • See "About Non-GAAP Financial Measures" and "Reconciliations of non-GAAP measures to the most comparable GAAP measures" elsewhere in this press release.
  • During this quarter, the scale of our professional and vocational education service further increased, compared with that of the last quarter.
  • Shannon Shen, CFO of the Company, added, "In this quarter, our net revenues were RMB724.6 million and gross billings were RMB318.1 million.
  • Non-GAAP basic and diluted net income per ADS, were RMB0.36 and RMB0.35, respectively, in the first quarter of 2022.

Gaotu Techedu Announces Third Quarter of 2021 Unaudited Financial Results

Retrieved on: 
Tuesday, February 22, 2022
RMB, U.S. Securities and Exchange Commission, Income, Federal Reserve Board of Governors, Vocational education, Investment, Research, Income tax, Company, Sale, Table, Forecasting, Terminology, USD, Great Architect of the Universe, Translation, ADS, Forward-looking statement, Asset, Marketing, Student, Technology, H.10, Private Securities Litigation Reform Act, GAAP, Tutoring, Film, Pharmaceutical industry, Aquaculture, Bank, Cryptocurrency, Renminbi

Research and development expenses increased by 52.6% to RMB336.3 million, from RMB220.4 million in the third quarter of 2020.

Key Points: 
  • Research and development expenses increased by 52.6% to RMB336.3 million, from RMB220.4 million in the third quarter of 2020.
  • General and administrative expenses decreased to RMB164.7 million from RMB177.4 million in the third quarter of 2020.
  • The expenses included severance costs for the reduction of general and administrative personnel in the third quarter of 2021 due to the impact of the New Regulations.
  • The accompanying tables have more details on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

TXAI, the UAE’s First Autonomous Taxi Operation Completes Successful Phase 1 Trial

Retrieved on: 
Friday, February 11, 2022
Technology, Transport, Logistics, Supply Chain Management, Software, Public Transport, Hardware, AI, HAPS, Miral Asset Management, Energy, City, Globe, Defense, GAC Group, Compliance, Transport, Municipality, G42, Renault–Nissan–Mitsubishi Alliance, Partnership, Multimedia, Program, Yutong, Apple, Satellite navigation device, Renewable energy, Airline, Bayanat, Level 4, Environment, Robotaxi

Bayanat, a G42 company, and the leader in geospatial intelligence, data analytics and AI, has announced the successful completion of phase 1 trials of its first autonomous taxi service called TXAI.

Key Points: 
  • Bayanat, a G42 company, and the leader in geospatial intelligence, data analytics and AI, has announced the successful completion of phase 1 trials of its first autonomous taxi service called TXAI.
  • View the full release here: https://www.businesswire.com/news/home/20220210006081/en/
    TXAI, the UAEs first autonomous taxi operation completes successful Phase 1 trial (Photo: Business Wire)
    Bayanat also worked closely with other key collaborators, Abu Dhabi Department of Municipalities and Transport, the Integrated Transport Centre and Miral Asset Management to run the operation which was first announced at the Abu Dhabi Smart City Summit in November 2021.
  • Like Thomas Edison invented light bulb for the mankind, WeRide is dedicated to developing the best autonomous driving for all human beings.
  • It is the first startup in the world to hold driverless test permits in both China and the US.

Allianz Risk Barometer 2022: Cyber Perils Outrank Covid-19 and Broken Supply Chains as Top Global Business Risk

Retrieved on: 
Tuesday, January 18, 2022
Security, Data Management, Insurance, Technology, Finance, Consulting, Small Business, Banking, Professional Services, Infectious Diseases, Environment, Transport, Logistics, Supply Chain Management, Internet, Health, Storm, Fire, Awareness, Climate, ESG, Face, Heat, Semiconductor, Legislation, Log4j, Fear, Weather, Suez Canal, Macroeconomics, Allianz, Fortune, Fortune Global 500, Colonial, COVID-19, Zwaag, Multimedia, Workforce, Risk, Risk management, February 13–17, 2021 North American winter storm, Climate change, Transport, Business, Barometer, Lists of disasters, Engineering, BI, Nature, Chief executive officer, Flood, Organization, Omicron, Weapon, Animal, Renewable energy, Insurance, EU, Technology

Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer .

Key Points: 
  • Cyber perils are the biggest concern for companies globally in 2022, according to the Allianz Risk Barometer .
  • Business interrupted will likely remain the key underlying risk theme in 2022, AGCS CEO Joachim Mueller summarizes.
  • We will see more attacks against technology supply chains and critical infrastructure, explains Scott Sayce, Global Head of Cyber at AGCS.
  • More information on the report is available here: Allianz Risk Barometer 2022
    Allianz Global Corporate & Specialty (AGCS) is a leading global corporate insurance carrier and a key business unit of Allianz Group.

WeRide reaches 10 million kilometers of autonomous driving

Retrieved on: 
Monday, January 17, 2022
City, Renault–Nissan–Mitsubishi Alliance, GAC Group, Algorithm, Suite, Perception, Safety, Achievement, AD, Running, CBWK-FM, Efficiency, Multimedia, Yutong, L4, Snow, Engineering, Globe, Rain, Road, Rail transport, Robotaxi

GUANGZHOU, China, Jan. 17, 2022 /PRNewswire/ --WeRide, a global leading L4 autonomous driving technology company, announces the breakthrough of reaching 10 million kilometers of autonomous driving on public roads, among which 2.5 million kilometers are in fully driverless mode.

Key Points: 
  • GUANGZHOU, China, Jan. 17, 2022 /PRNewswire/ --WeRide, a global leading L4 autonomous driving technology company, announces the breakthrough of reaching 10 million kilometers of autonomous driving on public roads, among which 2.5 million kilometers are in fully driverless mode.
  • WeRide has accumulated a massive number of high-quality scenarios through 10 million kilometers, combining testing and operations with more than 300 AD vehicles over the past four years.
  • The achievement of the 10 million kilometers of autonomous driving on public road and the 8 billion kilometers in simulations means that WeRide is fully capable in raising efficiency on the test and enabling its AD system to operate under complex traffic conditions in a more stable and reliable way.
  • The achievement of 10 million kilometers autonomous driving mileage is a new climax, yet another starting point for WeRide.

Amid the Sudden COVID-19 Surge, National Airlines Airlifts Testing Kits to Various U.S. States

Retrieved on: 
Wednesday, January 12, 2022
JFK, PVG, National, TSN, COVID-19 vaccine, WUH, COVID-19, National Airlines, ORD, National Airlines (N8), Solution, FAA, COVID-19 testing, PPE, CGO, Centre for International Governance Innovation, Aircraft, Aid, Multimedia, B747-400, LAX, Hospital, A330-200, Animal

ORLANDO, Fla., Jan. 12, 2022 /PRNewswire/ --Responding to the sudden surge in COVID-19 cases in the U.S., National Airlines is airlifting testing kits to different states in the country.

Key Points: 
  • ORLANDO, Fla., Jan. 12, 2022 /PRNewswire/ --Responding to the sudden surge in COVID-19 cases in the U.S., National Airlines is airlifting testing kits to different states in the country.
  • During this month-long mission, in a series of N8 B747-400F flights, around 4,000,000 testing kits will be delivered to the respective state authorities for distribution across hospitals and COVID-19 testing centers.
  • Later this month, National Airlines is also shipping COVID-19 testing kits to Canada and the U.K. from South Korea and China.
  • National Airlines is a U.S. FAA-certificated Part 121 air carrier, with a fleet of six B747-400F's, A330-200, andB757-200 which provides global cargo and passenger solutions.

XPENG Integrates Text-to-Speech Service From Microsoft in P7 Smart Sedan

Retrieved on: 
Wednesday, January 5, 2022
Men, Performance & Special Interest, Mobile, Wireless, Hardware, Consumer Electronics, Consumer, General Automotive, Technology, Automotive, Women, Automotive Manufacturing, Other Automotive, Manufacturing, Smart electric drive, OTA, Nervous system, AI, TTS, CPU, Research, Human, Silicon, Speech, General manager, Transport, Technology, Plant, Multimedia, Industry, Azure, Ambiguity, Microsoft, Customer service, Mobile phone, XPENG, Automotive industry, Mobility

View the full release here: https://www.businesswire.com/news/home/20220105005732/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220105005732/en/
    XPENG P7 smart cockpit (Photo: Business Wire)
    XPENG installed the new voice assistant functionality via a major over-the-air (OTA) upgrade for its P7 smart sedan customers in China.
  • XPENG worked with Microsoft to overcome several key challenges to create the new cutting-edge voice assistant integration.
  • XPENG also worked with Microsoft to minimize ambiguity and to optimize accuracy in voice assistant speech.
  • XPENG has already rolled out the new voice assistant technology to P7 customers across China via OTA upgrades.

To Celebrate the 1st Anniversary of the Inscription of Taijiquan on The UNESCO ICH List, The Taijiquan-Themed Conference Launched in Chenjiagou, China

Retrieved on: 
Monday, December 20, 2021
Well, People, UNESCO, International Space Development Conference, Gilgit-Baltistan Tourism Department, Permanent Delegate of Colombia to the United Nations Educational, Scientific and Cultural Organization, Intangibles, ICH, Bangladesh Technical Education Board, Imago KK Times Square, Conference, Tourism, Transport, Times Square, Orient, Government, World, Sydney Opera House, Chicago, City, Rivers State Ministry of Culture and Tourism, Ministry, Department, Belt, Culture, Tai chi

The inscription marks that Taijiquan, a shared cultural heritage item, is widely recognized by the international community.

Key Points: 
  • The inscription marks that Taijiquan, a shared cultural heritage item, is widely recognized by the international community.
  • Relevant authorities hosted several major competitions and events, such as The First Taijiquan Inheritance and Development Conference, the International Taijiquan Exchange Competition, the International Taijiquan Summit Forum, and the National Wushu Taijiquan Open Competition.
  • To this end, we will work on facilitating the inheritance, preservation, promotion, publicity, and commercialization of Taijiquan to increase its global influence and popularity.
  • We will further leverage the role of Taijiquan in building a community with a shared future for mankind."

Gearing Up Capacity For The Growing Energy Storage/LEV/EV Markets

Retrieved on: 
Monday, December 20, 2021

Strategic capacity expansion positioned to tackle growing energy storage and LEV/EV market demand.

Key Points: 
  • Strategic capacity expansion positioned to tackle growing energy storage and LEV/EV market demand.
  • Overall, CBAT management envisions the Company's total annual production capacity to grow to 30 GWh in 2025 respectively to tackle the growing market size.
  • The Energy Storage market is mainly divided into three types: home, power station and base station energy storage.
  • Currently, the lithium battery industry has three major markets:
    Energy Storage, such as household energy storage, energy storage power stations, etc.

Dada's JDDJ and Shop Now on Winter Consumption: Foot Tubs and Electric Barbecues Increased Sales 10 Times

Retrieved on: 
Tuesday, December 7, 2021
Dada, Foot, JDDJ, Company, JD, DADA, Solution, Humidifier, Nasdaq, City, Retail

According to the platform, from November 20 to 30, the sales of both foot tubs and electric barbecues increased by more than 10 times compared with the same period last year.

Key Points: 
  • According to the platform, from November 20 to 30, the sales of both foot tubs and electric barbecues increased by more than 10 times compared with the same period last year.
  • Sales of electric ceramic stoves and humidifiers increased by over 7 times year-on-year.
  • Sales of electric kettles increased by more than 4 times over last year, and bath salts more than doubled, according to data from Shop Now and JDDJ.
  • Sales of Chinese Baijiu (hard liquor) were tripled than last year, while electric hot pots and mutton doubled sales.